Post by @lord_fed
33% credible (35% factual, 30% presentation). The alleged letter from Michael Burry announcing fund liquidation lacks independent verification as of November 13, 2025, despite resembling his known communication style. The post's omission of Burry's verified social media activity, which shows no mention of liquidation, contributes to framing violations and undermines the document's authenticity.
Analysis Summary
The provided image appears to be a formal letter from Scion Asset Management dated October 27, 2025, announcing the liquidation of funds and return of capital to investors, signed by Michael Burry. No independent confirmation of this letter's authenticity exists in public records or recent news as of November 13, 2025. While the document's formatting and signature resemble Burry's known communications, its sudden emergence without corroboration raises questions about its legitimacy.
Original Content
The Facts
The letter's content aligns with Burry's historical contrarian style and past fund actions, but lacks external verification from credible sources like SEC filings, news outlets, or Burry's verified Twitter activity, which shows no mention of liquidation as of November 2025. Unverified; potentially authentic but inconclusive without confirmation.
Benefit of the Doubt
The post by @lord_fed questions the authenticity of the letter, advancing a skeptical perspective on financial rumors involving high-profile investors like Burry, possibly to engage the finance community in discussion or highlight potential misinformation. It emphasizes the dramatic announcement of fund closure while omitting any context on Burry's recent public statements or portfolio updates, which could mislead readers into assuming immediate market implications without verifying against his active Twitter presence. This selective framing shapes perception by fueling speculation on Burry's bearish outlook, potentially amplifying fear in markets without balanced evidence.
Visual Content Analysis
Images included in the original content
VISUAL DESCRIPTION
A scanned or photographed formal business letter on Scion Asset Management letterhead, featuring a professional layout with company address, date, salutation, body text announcing fund liquidation, recommendation of another professional, signature line with 'Michael Burry' handwritten signature, and footer with confidentiality notice and contact details.
TEXT IN IMAGE
SCION ASSET MANAGEMENT® LLC October 27, 2025 Dear Investors, With a heavy heart, I will liquidate the funds and return capital - but for a small audit/tax holdback - by year's end. My estimation with value in securities is not now, and has not been for some time, in sync with the markets. With heartfelt thanks, but also with apologies, I wish you well in your future investments. I do suggest Phil@prometcaptial.com and @Phil4668 regarding his coming endeavors. He can be Phil is a tremendous young talent in the field of (347)668 - and the most prodigious thinker I have ever encountered. Sincerely, [Signature] Michael Burry Portfolio Manager This material may not be distributed to other than the intended recipient. Unauthorized reproduction or distribution of all or any of this material is prohibited. 20665 4TH STREET, SUITE 201 SARATOGA, CA 95070 TEL (408) 416 8400 FAX (408) 416 8405
MANIPULATION
No visible signs of editing, such as pixel inconsistencies, font mismatches, or artifacts; the document appears consistently formatted as a genuine letter scan.
TEMPORAL ACCURACY
The letter is dated October 27, 2025, which is recent relative to the current date of November 13, 2025; no anachronistic elements like outdated addresses or styles detected.
LOCATION ACCURACY
The letter includes a Saratoga, CA address for Scion Asset Management, which matches known historical details for Burry's firm, but the post makes no specific location claim beyond the document itself.
FACT-CHECK
The address and firm name align with Scion Asset Management's public records; however, no news articles, SEC filings, or Burry's recent Twitter posts (e.g., November 2025 activity on market bubbles) confirm this liquidation announcement, suggesting it may be internal or unpublicized if real.
How Is This Framed?
Biases, omissions, and misleading presentation techniques detected
The post questions the letter's authenticity without mentioning Burry's verified Twitter activity or lack of SEC filings, omitting key context that could confirm or refute the claim.
Problematic phrases:
"Is this real chat?"What's actually there:
No mention of Burry's active Twitter or public records
What's implied:
Immediate doubt without need for verification
Impact: Leads readers to assume the letter is likely fake based on speculation, amplifying market fear without balanced evidence.
Presenting the question as a direct tag to Burry creates a sense of immediate need for clarification on a potentially market-moving event.
Problematic phrases:
"@michaeljburry ?"What's actually there:
What's implied:
Impact: Instills false immediacy, prompting quick shares or reactions in finance communities without verification.
Sources & References
External sources consulted for this analysis
https://www.reddit.com/r/StockMarket/comments/10rqrqh/michael_burry_has_deleted_his_twitter_account/
https://fortune.com/2021/10/15/michael-burry-twitter-bitcoin-the-big-short/
https://www.bloomberg.com/news/articles/2023-02-01/will-stocks-fall-michael-burry-says-sell-in-ominous-tweet-ahead-of-fed
https://en.wikipedia.org/wiki/Michael_Burry
https://www.reddit.com/r/GME/comments/mgvetv/michael_j_burry_has_been_awfully_quiet_as_of/
https://gist.github.com/travisbrown/e3d4e8900b690ecf83e55919ea9551f2
https://www.michael-burry.com/michael-burry-twitter/
https://www.cnbc.com/2023/02/01/big-short-investor-michael-burry-tweets-one-word-of-advice-for-investors-before-big-fed-meeting.html
https://markets.businessinsider.com/news/stocks/big-short-michael-burry-federal-reserve-inflation-warning-deletes-twitter-2021-9
https://www.washingtonpost.com/business/michael-burrys-bullwhip-tweet-deserves-serious-attention/2022/06/27/0acb7812-f651-11ec-81db-ac07a394a86b_story.html
https://www.bloomberg.com/opinion/articles/2022-06-27/michael-burry-s-bullwhip-tweet-deserves-serious-attention
https://www.bnnbloomberg.ca/big-short-s-michael-burry-joins-twitter-with-pleas-to-end-covid-19-lockdown-1.1417820
https://financialpost.com/investing/michael-burry-of-big-short-fame-posts-twitter-rant-over-taxing-the-rich
https://chipstockinvestor.com/michael-burrys-ai-data-center-bubble-warning-and-coreweave-q3-2025-earnings/
https://x.com/michaeljburry/status/1985709760272908614
https://x.com/michaeljburry/status/1984067754270319052
https://x.com/michaeljburry/status/1985453579054800924
https://x.com/lord_fed/status/1933240681335525723
https://x.com/lord_fed/status/1957889783256215990
https://x.com/lord_fed/status/1921673009439375370
https://en.wikipedia.org/wiki/Scion_Asset_Management
https://stockcircle.com/portfolio/michael-burry
https://www.hedgeweek.com/burrys-scion-asset-management-liquidates-vast-majority-equity-portfolio/
https://www.gainify.io/blog/michael-burry-stock-portfolio
https://hedgefollow.com/funds/Scion+Asset+Management
https://www.dataroma.com/m/holdings.php?m=SAM
https://whalewisdom.com/filer/scion-asset-management-llc
https://www.barchart.com/story/news/35881940/michael-burrys-scion-asset-management-bets-against-nvidia-and-palantir
https://www.quiverquant.com/news/Fund+Update:+Scion+Asset+Management,+LLC+Just+Disclosed+New+Holdings
https://hedgefundalpha.com/news/scion-asset-management-13f-q3-2025/
https://thesisrationale.substack.com/p/super-investors-series-michael-burry
https://blog.valuesense.io/michael-burry-scion-asset-management-portfolio-q22025-top-holdings-recent-changes/
https://finbold.com/big-short-michael-burry-stock-portfolio-update-4/
https://www.quiverquant.com/news/Michael+Burry’s+Scion+Asset+Management+Overhauls+Portfolio+With+New+Stock+Holdings+and+Major+Options+Bets
https://x.com/michaeljburry/status/1984067754270319052
https://x.com/michaeljburry/status/1985453579054800924
https://x.com/michaeljburry/status/1985709760272908614
https://x.com/michaeljburry/status/1987918650104283372
https://x.com/michaeljburry/status/1986984016814227501
https://x.com/michaeljburry/status/1986984149031236042
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